Over. ranged employees shall have applied to their annual rate the percentage increase applied to Appendix I Part I of this Agreement. The result shall be rounded off to the nearest dollar. The bi-weekly rate shall be determined by dividing the annual rate by twenty-six point one (26.1) and rounding the result to the nearest dollar. The hourly rate shall be determined by dividing the bi-weekly rate of the employee concerned by ten (10) times the average daily hours of work of such employee and rounding the result to the nearest cent.
Appears in 5 contracts
Samples: Collective Agreement, Collective Agreement, Collective Agreement
Over. ranged employees shall have applied to their annual rate the percentage increase applied to Appendix I Part I of this Agreement. The result shall be rounded off to the nearest dollar. The bi-weekly rate shall be determined by dividing the annual rate by twenty-six point one (26.1) and rounding the result to the nearest dollar. The hourly rate shall be determined by dividing the bi-bi- weekly rate of the employee concerned by ten (10) times the average daily hours of work of such employee and rounding the result to the nearest cent.
Appears in 3 contracts
Samples: Collective Agreement, Collective Agreement, Collective Agreement
